Palantir Technologies Inc. is set to announce its latest quarterly earnings on Sunday, May 3rd. Analysts estimate earnings per share (EPS) at $0.29.
In the current trading session, Palantir Technologies Inc. (PLTR) is priced at $141.57, showing a decrease of $1.53 (-1.07%) from the previous close of $143.10. Trading volume is at $13.82 million, 25.76% above the average.
The company's latest quarterly earnings were reported on Sunday, February 1st, with a consensus EPS estimate of $0.23. Palantir Technologies Inc. continues to demonstrate strong financial performance.
Palantir's cash flow indicates a free cash flow of $764 million, with operating cash flow at $777.29 million. The net change in cash for the period is -$201.62 million, with cash reserves standing at $1.42 billion.
Palantir reported revenue of $1.41 billion in the latest period, with a gross profit of $1.19 billion. The company's net income stands at $608.68 million, reflecting a healthy profit margin.
Key financial ratios for Palantir Technologies Inc. include a net profit margin of 43.27%, return on equity of 8.24%, and a price-to-earnings ratio of 174.26, indicating investor valuation.
Palantir shows a strong financial position with total assets of $8.90 billion, total liabilities at $1.41 billion, and net debt at -$1 billion, indicating a healthy balance sheet.
This report provides a snapshot of Palantir Technologies Inc.'s financial status and performance in the current market session.
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform (AIP) that provides unified access to open-source, self-hosted, and commercial large language models (LLM) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company was incorporated in 2003 and is headquartered in Denver, Colorado.